Sean Rooks
My 1st BRRRR a base hit!
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Andrew Taylor
Need Some Help Setting Up Accounting System
I need some help setting up an accounting system to manage a small flipping operation. I've been in construction for two decades, and I'm used to job costing software, but I'm having a hard time finding something that...
Account Closed
Landlord came by to take photos with banker. Is this legit?
Random question regarding if this is a regular thing where a bank comes by with the landlord to take some general photos of apartments for annual reviews or something. He didn't snoop around it was hallway and living ...
Kevin Farrell
What is an underperforming property worth?
I am looking at an 8 unit apartment. Four 1br, 1ba and Four 2br, 1ba. I just got financial information and since Jan 2016 the income is up and down several times. They lose tenants, then get some units filled, then th...
William B.
Offer Review, Real Estate Attorney
A somewhat interesting acquisition here. I have an accepted offer on a property that is listed on MLS; I was able to get the seller to agree to significantly discount the property due to it's state of disrepair. The i...
Shaun D.
1st investment property
Hello,I'm new to RE investing and I would like some advise on the following. I'm considering making an offer on my 1st property. It's 310K - 4 Bedrooms / 2 Bath - 1275 Sq Feet SFR. I'm estimating property taxes and in...
Justin Elliott
Raising Capital for JV
Hello BP Crowd
I’m in a Minneapolis and in the market for a 5-20 unit. I’ve just got done with a refinance of a 3 unit that I was able to pull out $65k from after purchasing in May. I would like to add value to a 5...
N/A N/A
I have the deals friends have the credit: how do i structure
what would you do? i have the deals my friends have the credit and collateral, how do i structure the deal for a win win situation for us.
the first property is an investment property.
Taylor Holden
How to figure out if a property is mismanaged vs. not profitable
Hey guys, I’m newer to bigger pockets but have been running my own home as a rental for 2 years now. I thoroughly enjoy it. I’m looking to branch out and become more profitable in the passive income business. So I’m c...
Bobby Sharma
Thinking of investing in Indianapolis now.... Is it too late?
It's Feb 2016, the real estate recovery in full swing. Am considering investing in Indianapolis now, am I too late to the party? Would be thrilled to hear from other out of state investors and local investors/rehabber...